MICROrganic Technologies: Phoenix water treatment tech startup sold in potentially million dollar plus deal

Arbsource LLC, a Phoenix-based water treatment technology startup, has been sold to a New York-based company in a deal that could potentially be worth more than a million dollars. MicrOrganic Technologies Inc., based in Castleton-on-Hudson, New York, bought Arbsource's intellectual property and strategic partnerships developed by the startup since its inception in 2011. MicrOrganic Tech is an early-stage bio-based renewable energy company developing microbial fuel cells for commercialization. "MicrOrganic...